Funds must provide more information to cedants: Schultz
Insurance-linked securities (ILS) managers must enter into dialogue
with cedants to build confidence following the recent hurricanes,
said Paul Schultz, CEO of Aon Securities, speaking at the
Trading Risk New York
Rendez-Vous last week.
"There has been a lot of focus by managers on providing
data to investors. I think some of the focus now has to be towards
cedants," he added.
He said cedants wanted to see concrete evidence of incoming
funds at ILS managers and to know whether...
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